Contingency Plan Finance is an economic strategy that outlines how organizations can protect themselves from potential financial risks in the future. This type of planning includes measures that help to mitigate losses or cut costs should unanticipated events occur or planned projects fail to meet expectations. The goal of contingency planning is to be prepared for any situation so that when something does happen, your business is ready to respond quickly and efficiently. By having a comprehensive contingency plan, you can make sure your organization has the resources it needs to weather any storm.